1, WILLIAM ROAD, FAKENHAM, NR21 8LT - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WILLIAM ROAD is a midsized extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £232,507. It was last sold for £210,000 in November 2020, which was around 46% below the average November 2020 detached price in the North Norfolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

1 WILLIAM ROAD Sold Prices

Land registry data shows two sales for 1 WILLIAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 1 WILLIAM ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 9 NOV	£210,000	£389,113	46% below HPI
1997 11 DEC	£67,000	£80,161	16% below HPI

1 WILLIAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 1 WILLIAM ROAD sales from December 1997 and November 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 1 WILLIAM ROAD be worth now?

1 WILLIAM ROAD might now be worth an estimated £232,507.

This is based on house price inflation of 10.7%, between November 2020 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.7% inflationary increase is applied to the most recent sale price for 1 WILLIAM ROAD of £210,000 on 9th November 2020. For the value to have increased from £210,000 to £232,507 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 WILLIAM ROAD has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The November 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WILLIAM ROAD has not materially changed since November 2020.

How Large is 1 WILLIAM ROAD?

1 WILLIAM ROAD is 96m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses houses in Fakenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fakenham, and where 1 WILLIAM ROAD lies on this distribution: 48% of detached houses houses are smaller than 1 WILLIAM ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Fakenham.

1 WILLIAM ROAD: Plot and Title Map

1 WILLIAM ROAD sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 1 WILLIAM ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 WILLIAM ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 WILLIAM ROAD?

1 WILLIAM ROAD is located in FAKENHAM, in the NR21 postcode district. The below map shows the position of No. 1 on WILLIAM ROAD.